PUBLISHER: Grand View Research | PRODUCT CODE: 1610024
PUBLISHER: Grand View Research | PRODUCT CODE: 1610024
The North America smart home security camera market size is estimated to reach USD 8.83 billion in 2030 and is projected to grow at a CAGR of 15.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rapid adoption of IoT in smart homes is supporting market growth. Consumers are shifting from traditionally mountable Wi-Fi cameras to the deployment of smart home security cameras to increase the security of their premises. These advanced smart home security cameras offer several benefits, which boost their installation in many households across the region. The ease of installation and easy availability of smart home security cameras drive the product demand.
Technological advancements have been significantly driving the market growth. Smart cameras that notify users of any movements when no one is at home are gaining traction. An increasing number of younger consumers are buying homes, and this set of homeowners is no longer content with traditional devices. This scenario has driven the penetration of new technologically-advanced smart devices such as smart plugs, smart locks, smart light bulbs, and smart home security, among others. The rising construction of smart homes-a combination of luxury and convenience-is also boosting the demand for smart home security cameras.
Consumers are more inclined to build homes that provide a sense of safety and are increasingly opting for AI-powered gadgets. A smart home security camera not only helps conserve power and energy but also offers the ultimate convenience through different features such as a motion sensor, window sensor, burglar alarm, glass break sensor, and spotlight camera.
Furthermore, these smart home security cameras provide 24-hour real-time alerts when connected to a smartphone or any other device. Some cameras also include additional features such as two-way audio, video analytics, motion detection, and high-resolution viewing. These features are expected to augment the growth of the market in the region during the forecast period.
The North America market is characterized by intense competition, with both established brands and emerging players vying for market share. All leading companies in the market offer a wide range of smart home security cameras. These companies are focusing on product innovation, durability, and performance to meet the evolving needs of consumers.